## **Reports and Financial Statement**
**For the year ended 31 March 2023**
## **Vineyard Christian Fellowship South West Nottingham**
Company Number 3170693 Charity Number 1054485
## **Contents**
||Page|
|---|---|
|Directors Report|4|
|Statement of Financial Activities|9|
|Balance Sheet|10|
|Notes to the financial statements|11|
2
## **Company Information**
|**Charity Registration Number**|1054485|
|---|---|
|**Company Registration Number**|3170693|
|**Company Secretary**|Richard Pillar|
|**Registered Office**|29 David Grove|
||Beeston|
||Nottingham|
||NG9 3AF|
|**Bankers**|Natwest Bank Plc|
||High Road|
||Beeston|
||Nottingham|
||NG9 2JX|
|**Insurers**|Ansvar Insurance Co. Limited|
||Ansvar House|
||St. Leonard’s Road|
||Eastbourne|
||East Sussex|
||BN21 3UR|
3
## **Directors’ Report**
The directors, who act as trustees for charitable purposes, present their report and the financial statements for the year ended 31 March 2023.
## **Structure, Governance and Management**
## **Name of Chief Executive**
Richard G Crew
## **Trustees**
There has been no change in the trustees in the year 2022-23.
## **Risks**
The directors have always been aware of the major strategic, operational and financial risks to the charity. In the year all of the major areas were reviewed and brought up to date.
The Child Protection policy was updated in this year. All adults who are involved in working with the children of the church are DBS checked. In addition the Senior Pastors are DBS checked.
Public liability is covered by an insurance policy with the insurers Ansvar Insurance Co. Limited.
Financial security is managed by a monthly review of financial status by the trustees.
## **Responsibilities of the Directors**
Company law requires the directors to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing those financial statements, the directors are required to:
- Select suitable accounting policies and then apply them consistently;
- Make judgements and estimates that are reasonable and prudent;
- Comply with applicable accounting standards subject to any material departures disclosed and explained in the financial statements; and
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
4
The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies Act 1985. They are responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and any other irregularities.
## **Nature of the company**
South West Nottingham Vineyard (incorporated on 11 March 1996) is a charitable company limited by guarantee (‘the Company’) and is governed by the Memorandum and Articles of Association, which were adopted on 7 February 1996. The accounts comply with the current statutory requirements and with those of the governing documents and include any other additional information required by law.
The charity is a church and part of the UK national Vineyard Church movement.
The directors and trustees set out below have held office during the whole of the period from 1st January 2020 to the date of this report.
R G Crew G J Smith R L Pillar B E Cutts
(Chairman)
5
## **Directors’ Report** (continued)
## **Objectives and activities**
The principal charitable purposes of the company in accordance with the objects of the Memorandum and Articles of Association in the period under review was:
- the advancement of the Christian faith
- the relief of the poor and needy
- the relief of the sick, disabled and elderly
- for the benefit of other charitable bodies and institutions as the directors see fit.
## **Objective for the year**
Our objective was to provide a Christian Church, for the teaching of and guidance in the Christian faith, and the responsible participation in community life that flows from it, for all age groups.
## **Achievements and performance**
The church functioned throughout the year in the following ways
- Sunday services.
- Home-groups.
- Ministry projects in the community.
- Financially supporting other needs.
- Alpha course
- Retreat days
Sunday services.
The main activities were teaching and worship for adults and children. The focus was on how to be changed by God through our journey of faith, and live out this life through all circumstances of community, employment, domestic and life circumstances, and serving others. The average attendance was approximately 35 adults and 10 children. Services were held in a local school.
## Home-groups.
The purpose of home-groups was for people to relate to and care for each other in groups of approximately eight people. Five groups met weekly including one group of teenagers. Life issues were shared and people extended care towards each other. Attendance at home-groups was approximately 30 adults and 2 teenagers.
Ministry projects to the community. During the year the following ministry projects were run in the community.
**1.** Volunteering at a local charity for adults with disadvantages
**2.** Community allotment
**3.** Foodbank collections
6
**Directors’ Report** (continued)
1. Members of the church are volunteers with a local charity delivering food parcels to adults with disadvantages like jobless, homeless and disabilities, and providing employment advice.
2. Members of the church provide and manage a community allotment for adults with special needs, and provide a friendship group for them, giving outdoor and social activities.
3. Members of the church volunteer with a special needs dance group. This involves supporting the dance group members during practices and performances, and filming video footage of performances.
4. Members of the church volunteer at a day centre for the elderly, providing and supporting activities, befriending and providing refreshments.
## **Financially supporting other needs**
As listed on page 13 **.**
## **Contribution by volunteers**
In order for the church to carry out the above activities the majority of the work came from volunteers within the church. 50% of the adults in the church were actively serving to support the activities. Many of those people served in more than one area of activity.
## **Fund raising activities**
The charity does not engage in fund raising activities.
## **Objective for the coming year**
Our objective is again to provide a Christian church for the teaching and guidance in the Christian faith, and the responsible participation in community life that flows from it, for all age groups.
We would anticipate this to result in
Church services Home-groups Ministry projects in the community Financially supporting other needs **.**
7
## **Directors’ Report** (continued)
## **Financial review**
The accounts are presented in the format for charity accounts suggested by SORP 2005.
## **Principle funding sources**
The principal funding source is voluntary donations made by church goers.
**Details of social, environmental and ethical concerns taken account of in investment policy** There are no investments other than cash at the bank.
## **Reserves and investment policy**
The directors aim to maintain £10,000 operating expenses collectively in these accounts.
The directors are satisfied that the level of reserves is commensurate with the annual expenses of the church.
The trustees review this policy on an annual basis.
## **Grants and gifts**
As detailed in note 6 to the financial statements the company has made a number of grants and gifts in accordance with its objects.
## **Results**
The net income fell from the previous year’s level. Two areas of expenditure increased significantly. One was staff salaries. The other was that the school that we hire the building from on Sunday morning increased their fees, due to their costs, in particular energy. Also income from voluntary donations fell.
The net incoming resources for the year were £71 (2021/22: £6988).
Approved by the directors on…21/09/2023……………………….
And signed on their behalf
## **R G Crew, Chairman**
8
## **Statement of financial activities**
For the year ending 31 March 2023.
||note|unrestricted|restricted|endowment|Total|funds|
|---|---|---|---|---|---|---|
|||funds|funds|funds|2023|2022|
|Incoming resources|||||||
|Voluntary income|3|41218|0|0|41218|46146|
|Investment income|4|0|0|0|0|0|
|Total incoming resources||41218|0|0|41218|46146|
|Resources used|||||||
|Charitable activities|6||||||
|Total grants||4134|0|0|4134|6703|
|Costs of activities||29119|0|0|29119|26904|
|Governance costs|7|7894|0|0|7894|5551|
|Total resources used||41147|0|0|41147|39158|
|Net movement in funds||71|0|0|71|6988|
|Reconciliation of funds|||||||
|Total funds brought forward||38275|0|0|38275|31287|
|Total funds carried forward||38346|0|0|38346|38275|
9
## **Balance sheet**
For the year ending 31 March 2023.
||2023|2022|
|---|---|---|
||£|£|
|Current assets|||
|Cash at bank and in hand|38346|38275|
|Total current assets|38346|38275|
|Financed by|||
|Starting balances|38275|31287|
|Excess (- deficit) for the year|71|6988|
|Total financed by|38346|38275|
|Net current assets|||
|Current assets minus creditors due within 1 year|38346|38275|
|Total assets less current liabilities|||
|Fixed assets plus (or minus) net current assets|38346|38275|
|Net assets|||
|Total assets less current liabilities less creditors falling due after|||
|one year, less provision for liabilities and charges|38346|38275|
|Represented by funds|||
|Unrestricted general|38346|38275|
|Unrestricted designated|0|0|
|restricted|0|0|
|endowment|0|0|
|Total|38346|38275|
For the year ended 31[st] March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the Company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibility to comply with the requirements of the Act with respect to accounting records and the preparation of accounts.
Approved by the board on …......21/09/2023.................
and signed on its behalf by
## **R G Crew, Director.**
10
**Notes to the financial statements For the year ended 31 March 2023**
## **1 Accounting policies**
## 1.1 **Accounting Convention**
The financial statements are prepared under the historical cost convention and in accordance with applicable accounting standards and the Statement of Recommended Practice ‘Accounting and Reporting by Charities.’
## 1.2 **Funds**
Following the requirements of the Statement of Recommended Practice all funds of South West Nottingham Vineyard Christian Fellowship have been analysed over the different types of fund, which are:
## **Unrestricted funds**
Unrestricted funds are those which are not subject to any special restrictions and they can be used as the trustees decide. Designated funds are part of unrestricted funds and are amounts the trustees have set aside to cover particular expenditure.
## **Restricted funds**
Restricted funds are those where the donor has imposed restrictions on how the funds may be used, but which do not prevent the fund being spent. At 31 March 2023 SW Nottingham Vineyard held no restricted funds.
## **Endowment funds**
Endowment funds are those where there is a requirement imposed by the donor to retain capital, but which allows income arising to be used. At 31 March 2023 SW Nottingham Vineyard held no endowment funds.
## 1.3 **Incoming resources and resources expended**
Income from donations and gift aid has been included in the Statement of Financial Activities on a receipts basis. Other income, interest and income tax recoverable on Gift Aid receipts, together with all expenditure, have been included on an accruals basis.
## 1.4 **Grants payable**
Grants payable are recorded as expenditure when the Directors authorise their payment.
11
**Notes to the financial statements For the year ended 31 March 2022**
## **1 Accounting policies (continued)**
## 1.5 **Depreciation**
Direct charitable expenditure of a capital nature is written off as incurred.
## 1.6 **Pension costs**
The company makes contributions to the private pension plan of one employee.
## **2. Income.**
The income and net movement of funds is wholly attributable to the company’s main activities. The income arises entirely in the UK.
## **3. Income resources from donations (voluntary income).**
**----- Start of picture text -----**
2023 2023 2022
Unrestricted Designated Restricted Total Total
£ £ £ £ £
Offerings 1330 1330 2306
Standing orders 30581 30581 35665
Income Tax Refund 9138 9138 8175
total 41049 41049 46146
**----- End of picture text -----**
## **4. Income from activities in furtherance of charitable objectives.**
**----- Start of picture text -----**
2023 2023 2022
Unrestricted Designated Restricted Total Total
£ £ £ £ £
Interest received 169 169 0
total 0 0 0
**----- End of picture text -----**
## **5. Resources used.**
Made up of Charitable activities and Governance costs.
12
## **Notes to the financial statements For the year ended 31 March 2023**
## **6. Charitable activities made up of grants and gifts and cost of activities in furtherance of the charities objectives.**
**----- Start of picture text -----**
Grants to institutions 2023 £ 2022 £
Association of Vineyard Churches (UK) 2160 2217
Operation Orphan 62 2270
Vineyard church, Recife, Brazil 0 371
L'Arche Nottingham 370 371
Hope Nottingham 370 371
L’Arche allotment project 370 370
Bangalore Childrens Fund 288 288
Christian Solidarity Worldwide 0 100
Open Doors 0 100
The Chosen 432 115
Men’s Sheds 0 100
Total to institutions 4052 6673
Special occasion gifts 82 30
Total grants 4134 6703
**----- End of picture text -----**
## **Costs of activities in furtherance of the objects of the charity**
||2023 £|2022 £|
|---|---|---|
|Sunday services|1866|1868|
|Vehicle mileage|910|662|
|Staff salary and insurance|26343|24374|
|total|29119|26904|
## **7 Governance costs**
||2023 £|2022 £|
|---|---|---|
|Premises|5444|3650|
|Admin and supplies|2450|1901|
|total|7894|5551|
13
**Notes to the financial statements** For the year ended 31 March 2023
## **Staff salary costs**
|**lary costs**|||
|---|---|---|
||2023|2022|
|Wages and pension|22635|20534|
|Social security costs|3708|3840|
||26343|24374|
The average number of persons employed by the company during the year was:
|2023
number
Pastoral
1
Administrative
0
Support
1
2|2022
number
1
0
0|
|---|---|
||1|
|Director’s emoluments:|Director’s emoluments:|||
|---|---|---|---|
|G. J. Smith:|For ministry services|||
|||2023|2022|
|salary||0|0|
|pension||0|0|
|insurance||0|60|
|**total**||**0**|**60**|
No executive director other than G.J. Smith received emoluments from the company, which is allowable under the Memorandum and Articles of Association.
14
## **Notes to the financial statements For the year ended 31 March 2023**
## **9 Reserves**
The company is limited by guarantee and does not have a share capital.
## **10 Analysis of net assets between funds**
Total net assets of £38,346 are represented by cash at bank and in hand of £38,346.
The charity deposits cash not required on a day-to-day basis with either Natwest Bank PLC, or Kingdom Bank. Funds with NatWest are available at immediate notice. Funds with Kingdom Bank are available at three months’ notice. All net assets are represented by unrestricted funds.
## **11 Capital Commitments**
The company had no capital commitments at 31 March 2023 and 31 March 2022.
## **12 Contingent liabilities**
The company had no contingent liabilities at 31 March 2023 and 31 March 2022.
As a registered charity the income of the charity is exempt from taxation.
## **13 Statement of Recommend Practice (Revised 2005)**
In order to comply with the requirements of SORP 2005 some of the comparative figures have been reclassified to achieve consistency with the current year figures.
15
EXAMINER'S UNQUALIFIED REPORT FOR
Vinoyard Christian Fellowship SryJth Wesl Nottingham, Ccrfnpany 317C693. Charty 1054485
Independenl examinerfs reFth to the truste of Vineyard Christian Fellowship South West
Nottingham.
I rewt on the accounls of the c4Jmpany for the year endgd 31 $1 March 2023. whic* are sel
out on pag83 1-15 and a review of th8 acojunting rerds.
Resp9Ctiv& responsibilities of trustees and èxaminer ....
The tfustees Iwho are also the directr)rs of the company for th8 purposes of Lxjmpany lawl arg
responsible for the preparation of the accounts. Thg trusteès consider that an a111 is
rgquired for this year under sgdion 144121 of the Chanties Act 2011 Ilhe 2011 Act) and that
an indopondent examination is n&ed8d.
Having satisfied myseff that the charity i¥ not subject to audit under company law arhj is
elKJible for independonl examination, it is my responsibility lo..
examine the accounts under section 145 of the 2011 Act.,
to follow the procedures laKJ down in the neral directK)ns givon by thg Charity Commission
under section 145(5Xbl of the 2011 Act,. and
to slate whethor particular matters have come lo my altontion.
Basis of indepgndgnt examinefs report lactiv¢tKgs POrfmed by the 8xaminerl.
My examination was carried out in ac£ordance with th8 g8neral dir8ctions given by the
Charity Commission.
1. An examination includes a review of the accCnI1nQ records kept by the tharity and a
comparison of the a¢UnIS presented with those recc*ds.
2. 11 8150 include$ considaralion of any unusual rtems or disclosures in th8 acu)unls.
seeking of explanations from you as Iruslegs conceming any suth matters.
3. Th8 procedures undgrtaken do r1 provide all ihe evvjenca that WQLtld b8 rewired in an
audit consequently no opinson is oiven as to whether Ihe accounts presènt a 'true and fair
vithrf and thè report is limited lo those mattgrs set out in tha statement below.
IndeFfjndent examinerfs statement.
In connection with my examination, no matter has me lo my attention which gives me
reasonable cause to bglieve Ihal in any material respect the requirements lo keep aMJnlg
recLirds in ac£ordanc8 with section 386 of the Companies Act 20(, and to prepare accounts
which accord with the accounting fecords, to comply with th6 acctyjnling rUIreMents of
section 3 of the C¢Jnpani8s Act 20CE atvj wfth the mathods and prinwles of the Statement
of Recommended Pradic*.' Accounliro and Reporting by Charrties, have not beon mgt.
Independent examiner
Signalure...........
16